Wells Fargo has stood apart from the rest of the United States banks for quite some time.  Avoiding the subprime aspect of the mortgage market was a huge check mark in favor the one of the greatest US banks.  Now that most financial institutions have been brought to their knees, Wells Fargo is the leading respectable mortgage lender in the country.  Most home owners check Wells Fargo to get their daily mortgage rates.  In fact, Wells Fargo is #1 on the google search for “home mortgage.”

With this in mind, many home owners are asking the question “will Wells Fargo mortgage rates continue lower?”  Well, in all reality, Wells Fargo mortgage rates actually follow the national average for mortgage rates.  The national average has been trending lower for several weeks now and it is likely that we will see a continuation of this trend.  The Obama administration is trying very hard to keep mortgage rates low and that is exactly what they plan to do.

If the government continues to work to keep mortgage rates low, it is our responsibility to take advantage of it.  Many home owners had the opportunity to refinance under 5% back in March and it is very possible that we will see those chances arise again soon.  It is important to go ahead and start doing your research early as you never know when mortgage rates could hit all time lows.

One of the best websites to do research is Making Home Affordable.  There is a plethora of information on the site that will help you expand your knowledge of the current mortgage market.  You may also find that you are eligible for some government programs that you were not away of.  Please take the time and look through this site as it could save you a ton of money when you decide to refinance.